The fast-changing nature of crude oil flows in the Americas means only one of three Citgo refineries in the United States will generate keen interest among buyers as Venezuela’s cash-strapped state-run PDVSA looks to sell its U.S. unit, and it may fetch less money than hoped, experts say

Oil sands companies have begun sharing intel on the best way to restore disturbed lands to their original state, and to do so in a fraction of the time Mother Nature would. But whether or not it will work remains to be seen.

A pipeline inspection robot is set to join efforts to discover why Kazakhstan's massive US$50-billion oilfield is crippled and whether materials, construction methods, a design fault or all three are at the root of the problem

With an estimated seven billion barrels of potentially recoverable oil reserves and 81 trillion cubic feet of gas, the territory is moving forward with a $600-million plan to upgrade roads, bridges and ports in the next decade in an effort to reduce costs for resource companies operating in the remote region